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Asian shares rise on optimism on economic data, earnings

A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 4, 2022. Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. (AP Photo/Ahn Young-joon) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 4, 2022. Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. (AP Photo/Ahn Young-joon) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 4, 2022. Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. (AP Photo/Ahn Young-joon) People walk past the New York Stock Exchange, Wednesday, Aug. 3, 2022, in New York. (AP Photo/Julia Nikhinson) The New York Stock Exchange, Wednesday, Aug. 3, 2022, in New York. (AP Photo/Julia Nikhinson) A detail of the exterior of The New York Stock Exchange, on Wednesday, Aug. 3, 2022, in New York. (AP Photo/Julia Nikhinson)